02 Apr '12, 9am

Brazil and India's Financial Wealth Grows While Their Natural Capital Plummets

Brazil and India's Financial Wealth Grows While Their Natural Capital Plummets

A measure of the total goods and services produced in a nation, GDP (Gross Domestic Product) remains the most widely used measure of a nation’s wealth and economic well-being, but economists, other social scientists and researchers have been working up more comprehensive alternative measures of wealth, well-being and quality of life based on the concept of “natural capital.” The United Nations University-International Human Development Program’s (UNU-IHDP) “Inclusive Wealth Indicator” goes beyond GDP to “reflect the sustainability of natural and human, as well as manufactured/economic capital.”

Full article: http://www.triplepundit.com/2012/04/brazils-wealth-grew-3...

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